Palladyne AI Corp (NASDAQ:PDYN) does about 1.66M shares in volume on a normal day but saw 9116743 shares change hands in the recent trading day. The company now has a market cap of 342.49M USD. Its current market price is $9.59, marking an increase of 16.52% compared to the previous close of $8.23. The 52 week high reached by this stock is $14.95 whilst the lowest price level in 52 weeks is $1.38.
The consensus objective for the share price is $15.00, suggesting that the stock has a potential upside of 36.07% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 27, 2025 when Alliance Global Partners initiated the stock to “Buy” and issued a price target of $15.
The current price level is 30.88%, 46.93%, and 79.46% away from its SMA20, SMA50, and SMA200 respectively, with the PDYN price moving below the 50-day SMA on current market day. Palladyne AI Corp (PDYN) stock is up 21.86% over the week and 68.84% over the past month. Its price is -21.84% year-to-date and 499.38% over the past year.
To reach the target analysts have set, the stock logically needs to grow 36.07 percent from here.
Outstanding shares total 35.71M with insiders holding 29.16% of the shares and institutional holders owning 17.37% of the company’s common stock. The company has a return on investment of -112.13% and return on equity of -136.41%. The forward price to earnings ratio is 4.61. The beta has a value of 3.81. Price to book ratio is 12.10 and price to sales ratio is 56.61.
